Economics

Israelis boycott costly cottage cheese

By Anna Slater, June 17, 2011

A group of Israelis have launched an online protest over the soaring price of cheese.

More than 75,000 people have joined a Facebook group called "Eight shekels for such a basic product? Don't buy cottage cheese for a month".

The price of cottage cheese has skyrocketed in the last few years and a 250g container is now sold in many supermarkets at £1.40.

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IMF: Stanley Fischer too old to be director

By Jennifer Lipman, June 14, 2011

The International Monetary Fund has blocked the candidacy of Israeli Stanley Fischer in the race to replace Dominique Strauss-Kahn.

Mr Fischer, who is 67, had hoped that the organisation would relax rules on its director being no older than 65. But the IMF refused to budge.

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Stanley Fischer looks to replace Strauss-Kahn at IMF

By Jennifer Lipman, June 13, 2011

The Governor of the Bank of Israel has revealed that he will seek the job of director of the International Monetary Fund.

The Zambia-born Stanley Fischer announced a bid to lead the organisation over the weekend. The 67-year-old is older than the IMF rules allow for a first-time director, but previously spent seven years as the organisation's deputy managing director.

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House prices leaving most Israelis for dust

By Nathan Jeffay, June 10, 2011

It's the worry that is playing on the minds of government officials and Bank of Israel economists.

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Bank of Israel's Stanley Fischer tipped for IMF return

By Jennifer Lipman, May 31, 2011

The Governor of the Bank of Israel has not ruled himself out of the running to replace Dominique Strauss-Kahn at the International Monetary Fund.

French Finance Minister Christine Lagarde is widely seen as the frontrunner for the role. But Israel's Stanley Fischer has also been tipped as a possibility.

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Jersey boys push right buttons in Israel

By Jenni Frazer, May 26, 2011

A new link between Jersey and Israel was forged this week with a groundbreaking visit by 30 of the island's politicians and business leaders.

Economics Minister, Senator Alan Maclean and Assistant Chief Minister Senator Freddie Cohen, led the delegation, the first of its kind, under the auspices of UK Israel Business, a new group encompassing British and Israeli chambers of commerce.

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On this day: Karl Marx dies

By Jennifer Lipman, March 9, 2011

Perhaps the most famous thinker of all time, Karl Marx died in 1883 at the age of 64. The father of communism, the man whose theories of work, class struggle and alienation transformed the world in the 20th century and continue to appeal to many today, was buried in his adopted home of Highgate.

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Jaeger boss Harold Tillman buys Aquascutum‎

By Jessica Elgot, September 8, 2009

Fashion businessman, Harold Tillman, chairman of Jaeger, has bought luxury British brand Aquascutum from its Japanese owners.

The fashion label now returns to British hands after it was bought from Japanese company Renown Incorporated.

Mr Tillman will own the label with business partner and Jaeger CEO Belinda Cole.

Aquascutum will be managed alongside Jaeger, which the partners expect will now have a combined worth of £300m.

Aquascutum holds three Royal Warrants – awarded in 1897, 1911 and 1947.

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Ex-trustee turns on Friends of Hebrew U

By Simon Rocker, May 30, 2008

A disaffected former trustee of the British Friends of the Hebrew University is calling for the Charity Commission to investigate its handling of millions of pounds worth of donor funds.

Geoffrey Simmonds, who resigned three years ago amid disagreements over the way the Friends was run, claims that the charity has been deducting money for management costs which should be going directly to the Jerusalem-based university.

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Save money on electricity

By Martin Lewis, May 30, 2008

Energy prices are predicted to rise 15 to 45 per cent by the end of this year. This is a staggering increase on top of the 60 per cent we have already faced over the past three years, and could add around £200 your average bill. The rises are likely to come in two bursts: one in late summer, the other at the end of the year. So, your best bet is to get a fixed-rate energy tariff, where the rate you pay per unit of gas and electricity is fixed for two to three years.

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